Mumbai, Nov. 3 -- For Q2 FY26, the company's total sales jumped 45% year-on-year to Rs 1,705 crore from Rs 1,178 crore in Q2 FY25. Retail sales, which form the core of its business, surged 45% to Rs 1,636 crore, while wholesale revenue rose 47% YoY to Rs 69 crore.

Within the retail segment, gold jewellery sales climbed 44% YoY to Rs 1,501 crore, while the non-gold category (including silver, diamonds, and other products) expanded 52% to Rs 135 crore, reflecting strong traction in lifestyle and premium products. Non-gold sales now contribute 8.25% of total retail sales, up 38 basis points from 7.87% a year ago.

Gross profit leapt 360% YoY to Rs 184 crore, while the gross profit margin improved sharply by 771 basis points to 11.25%, compa...